Vanguard Growth ETF (NYSEARCA:VUG) Sets New 12-Month High – Here’s What Happened

Vanguard Growth ETF (NYSEARCA:VUG) reached a new 52-week high on Tuesday . The company traded as high as $396.44 and last traded at $396.01, with a volume of 1423145 shares. The stock had previously closed at $393.12.

Vanguard Growth ETF Trading Up 1.0 %

The stock has a market cap of $136.76 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The firm’s 50-day moving average is $379.67 and its two-hundred day moving average is $366.21.

Hedge Funds Weigh In On Vanguard Growth ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Axiom Advisory LLC grew its stake in Vanguard Growth ETF by 9.3% in the 3rd quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock worth $2,696,912,000 after acquiring an additional 614,652 shares during the period. Strategic Financial Concepts LLC lifted its position in Vanguard Growth ETF by 40,514.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock valued at $2,072,878,000 after purchasing an additional 5,528,660 shares during the last quarter. LPL Financial LLC raised its position in shares of Vanguard Growth ETF by 4.5% during the 2nd quarter. LPL Financial LLC now owns 4,940,097 shares of the company’s stock worth $1,847,646,000 after buying an additional 211,575 shares in the last quarter. TIAA Trust National Association lifted its stake in Vanguard Growth ETF by 1.2% during the second quarter. TIAA Trust National Association now owns 3,580,217 shares of the company’s stock valued at $1,339,041,000 after purchasing an additional 40,907 shares during the last quarter. Finally, EP Wealth Advisors LLC lifted its holdings in shares of Vanguard Growth ETF by 2.4% in the second quarter. EP Wealth Advisors LLC now owns 2,982,222 shares of the company’s stock valued at $1,115,381,000 after purchasing an additional 70,828 shares in the last quarter.

Vanguard Growth ETF Company Profile

Vanguard Growth Index Fund, formerly Vanguard Growth ETF, is an exchange-traded share class of Vanguard Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Growth Index (the Index). The Index is a diversified index of growth stocks of large United States companies.